Five prediction market operators restrict Utah services amid Kalshi criminal cas

Five prediction market operators have restricted their prediction market offerings in Utah amid escalating legal pressure, following the state's filing of 14 criminal charges against Kalshi and its co-founders, Tarek Mansour and Luana Lopes Lara, on 28 October. DraftKings, FanDuel, Fanatics, Robinhood and PrizePicks have withdrawn or restricted certain event contracts , although the extent of the measures varies between operators. The changes come as Utah authorities step up enforcement of the state's gambling prohibition, while a broader legal dispute continues over federal and state authority to regulate prediction markets.
You are reading an excerpt. Yogonet wrote and owns the full article.
Continue reading at yogonet.com










